How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask JGM Your Own Question
JGM, Solicitor
Category: Family Law
Satisfied Customers: 12179
Experience:  30 years as a practising solicitor. Partner in own firm.
Type Your Family Law Question Here...
JGM is online now

what is the current rate of capital gains tax

This answer was rated:

what is the current rate of capital gains tax
Thank you question.
Capital Gains Tax Rates and Annual Exempt Amounts are as follows:
Annual Exempt Amount
Individuals, Personal Reps and Trustees People £11,000
Other Trustees £5,500
CGT Tax Rates
Individuals - Basic Rate Taxpayer 18%
Individuals - Higher Rate Taxpayer 28%
Personal Representative of a Deceased Individual 28%
Gains Qualifying ' Relief
I hope this helps. Please leave a positive response so that I am credited time.
JGM and other Family Law Specialists are ready to help you